India Cryptocurrency

Chainalysis released its ‘2024 Global Crypto Adoption Index’ this week, with India ranking first among 151 nations. India leads in overall crypto adoption, centralized service value, and retail centralised service value.

Bollywood actor Tamannaah Bhatia was questioned by probe agency Enforcement Directorate (ED) in Guwahati on Thursday night over alleged links to a digital platform named 'HPZ Token'.

Web3 venture firm Hashed Emergent is bringing back the India Blockchain Week (IBW) for its second edition. As part of this initiative, multiple events have been put in the pipeline for startups and developers to showcase their Web3 protocols. Some of the events include the IBW chain-agnostic Hackathon, IBW Web3 Demo Day, and ETH India Hackathon amo...

The group, targeting men from Taiwan to Singapore and as far away as India, used AI-powered deepfakes to run a fraudulent cryptocurrency platform.

Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...

In a report, IOSCO noted that even in 2022, when the crypto sector's valuation fell below $1 trillion (roughly Rs. 1,67,09,363 crore), retail investors continued to invest in crypto assets. This trend was observed not only among retail investors in advanced economies but also among those in emerging markets.

Despite significant growth and a historic peak valuation of over $3 trillion (around Rs. 2,51,89,440 crore), crypto assets remain volatile, relatively new, and largely unregulated. In this article, we will examine the financial challenges faced by investors and explore decision-making strategies to help them avoid financial stress.

In conversation with Gadgets360, Cashaa CEO Kumar Gaurav said that in the coming years investing in crypto-based SIPs could become popular in India as the younger generation of investors are seeking alternatives to traditional assets like stocks and bonds. He highlighted that crypto investors must be aware that investing in crypto assets should be ...

Cryptocurrency exchange WazirX, which suffered a massive Rs 2,000 crore (about $234 million) cyber theft in July, is now facing scrutiny from top government agencies in the country.

WazirX has announced that it is in the process of forming a ‘Committee of Creditors (COC)’. In a blog post published on October 2, WazirX claimed that it aims to bridge the communication gap with its creditors.

Police have registered a case against 19 members of a family in Maharashtra's Thane for allegedly duping a man and his brother of Rs 1.17 crore under the pretext of high returns on investment in a cryptocurrency scheme, an official said.

In honor of National Cyber Security Awareness Month this October, crypto investment platform Mudrex announced it will host a series of weekly panel discussions centered on crypto safety and cybersecurity. These sessions will be streamed across its LinkedIn, Instagram, Telegram, YouTube, and X platforms.

This week, cyber criminals breached content creator Ranveer Allahbadia’s handles on YouTube, replaced related logos and images with those of Elon Musk and Tesla, as well as deleted all of the videos that were published on the pages. The channels started promoting a crypto fraud scheme, for hours before YouTube restored access to Allahbadia.

A Singapore court has granted WazirX a four-month moratorium period to complete its financial restructuring. In a press note released by the exchange on Thursday, September 26 it said that this action paves way for a legally binding resolution to restore WazirX’s crypto balances.

On Wednesday, September 25, the Bharat Web3 Association (BWA) signed Memoranda of Understanding (MoUs) with Australia and Indonesia. These agreements pave the way for collaboration between India, Australia, and Indonesia in key Web3 areas such as research, education, and advocacy.

Chainalysis released its ‘2024 Global Crypto Adoption Index’ this week, with India ranking first among 151 nations. India leads in overall crypto adoption, centralized service value, and retail centralised service value.

Bollywood actor Tamannaah Bhatia was questioned by probe agency Enforcement Directorate (ED) in Guwahati on Thursday night over alleged links to a digital platform named 'HPZ Token'.

Web3 venture firm Hashed Emergent is bringing back the India Blockchain Week (IBW) for its second edition. As part of this initiative, multiple events have been put in the pipeline for startups and developers to showcase their Web3 protocols. Some of the events include the IBW chain-agnostic Hackathon, IBW Web3 Demo Day, and ETH India Hackathon amo...

The group, targeting men from Taiwan to Singapore and as far away as India, used AI-powered deepfakes to run a fraudulent cryptocurrency platform.

Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...

In a report, IOSCO noted that even in 2022, when the crypto sector's valuation fell below $1 trillion (roughly Rs. 1,67,09,363 crore), retail investors continued to invest in crypto assets. This trend was observed not only among retail investors in advanced economies but also among those in emerging markets.

Despite significant growth and a historic peak valuation of over $3 trillion (around Rs. 2,51,89,440 crore), crypto assets remain volatile, relatively new, and largely unregulated. In this article, we will examine the financial challenges faced by investors and explore decision-making strategies to help them avoid financial stress.

In conversation with Gadgets360, Cashaa CEO Kumar Gaurav said that in the coming years investing in crypto-based SIPs could become popular in India as the younger generation of investors are seeking alternatives to traditional assets like stocks and bonds. He highlighted that crypto investors must be aware that investing in crypto assets should be ...

Cryptocurrency exchange WazirX, which suffered a massive Rs 2,000 crore (about $234 million) cyber theft in July, is now facing scrutiny from top government agencies in the country.

WazirX has announced that it is in the process of forming a ‘Committee of Creditors (COC)’. In a blog post published on October 2, WazirX claimed that it aims to bridge the communication gap with its creditors.

Police have registered a case against 19 members of a family in Maharashtra's Thane for allegedly duping a man and his brother of Rs 1.17 crore under the pretext of high returns on investment in a cryptocurrency scheme, an official said.

In honor of National Cyber Security Awareness Month this October, crypto investment platform Mudrex announced it will host a series of weekly panel discussions centered on crypto safety and cybersecurity. These sessions will be streamed across its LinkedIn, Instagram, Telegram, YouTube, and X platforms.

This week, cyber criminals breached content creator Ranveer Allahbadia’s handles on YouTube, replaced related logos and images with those of Elon Musk and Tesla, as well as deleted all of the videos that were published on the pages. The channels started promoting a crypto fraud scheme, for hours before YouTube restored access to Allahbadia.

A Singapore court has granted WazirX a four-month moratorium period to complete its financial restructuring. In a press note released by the exchange on Thursday, September 26 it said that this action paves way for a legally binding resolution to restore WazirX’s crypto balances.

On Wednesday, September 25, the Bharat Web3 Association (BWA) signed Memoranda of Understanding (MoUs) with Australia and Indonesia. These agreements pave the way for collaboration between India, Australia, and Indonesia in key Web3 areas such as research, education, and advocacy.